TSLA405.185-5.9654%
GM83.285-0.78%
F14.555-0.215%
RIVN15.955-0.725%
CYD51.730-0.1%
HMC26.905-0.065%
TM178.910-1.31%
CVNA70.1201.22%
PAG181.3801.315%
LAD310.4201.9%
AN197.2553.865%
GPI326.3800.64%
ABG200.8101.26%
SAH83.7200.01%
TSLA405.185-5.9654%
GM83.285-0.78%
F14.555-0.215%
RIVN15.955-0.725%
CYD51.730-0.1%
HMC26.905-0.065%
TM178.910-1.31%
CVNA70.1201.22%
PAG181.3801.315%
LAD310.4201.9%
AN197.2553.865%
GPI326.3800.64%
ABG200.8101.26%
SAH83.7200.01%
TSLA405.185-5.9654%
GM83.285-0.78%
F14.555-0.215%
RIVN15.955-0.725%
CYD51.730-0.1%
HMC26.905-0.065%
TM178.910-1.31%
CVNA70.1201.22%
PAG181.3801.315%
LAD310.4201.9%
AN197.2553.865%
GPI326.3800.64%
ABG200.8101.26%
SAH83.7200.01%


car business

Sean Gardner joins CBT Now to share the key tactics successful salespeople use to navigate the trade-in process and close more deals.

Navigating trade-in objections: why slow and steady win the race — Sean Gardner | Joe Verde Group

- May 7, 2024
Trade-in negotiations can be tricky for salespeople to navigate, as a disappointing appraisal can quickly sour the client relationship. How can dealership teams set realistic expectations during this process without losing...
Republicans have proposed an IRA bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the U.S.'s progress in EVs.

GOP bill aims to repeal U.S. EV tax credit, hurting production and benefiting China

- May 6, 2024
Republicans have proposed an Inflation Reduction Act (IRA) bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the U.S.'s progress in electric vehicle production...
Vice President Kamala Harris announced $100 million in federal grants for automotive suppliers, accelerating industry transition toward EVs

VP Kamala Harris announces $100 million in grants for auto suppliers

- May 6, 2024
Vice President Kamala Harris has announced $100 million in federal grants for automotive suppliers as the White House looks to accelerate the car industry's transition toward electric vehicles. Harris' announcement, posted...
On May 4, United Auto Workers (UAW) union members approved a new labor agreement with Daimler Truck, which is valid for four years.

UAW members approve 25% pay increase in new deal with Daimler Truck

- May 6, 2024
On May 4, United Auto Workers (UAW) union members approved a new labor agreement with Daimler Truck. The agreement is valid for four years and includes a minimum 25% increase...
April saw Honda sales rise in the U.S. but underlined ongoing weakness in the brand's luxury and electric vehicle lineups.

American Honda sales jump in April but roadblocks remain in key markets

- May 6, 2024
Honda reported strong April sales in the U.S. but continued to face challenges in the luxury and electric markets. The automaker posted North American sales of 116,586 units across its main and...

Honda April sales rise, Biden grants $100 million for suppliers, UAW ratifies Daimler contract

- May 6, 2024
Top Stories Honda posts strong April sales but disappoints on hybrid, EV growth. Read More Biden Administration grants $100 million to auto suppliers for EV transition. Read More UAW ratifies Daimler Truck contract...
Discover Christine Vinatieri-Erickson's inspiring journey on Women Driving the Industry, where she's leading change in a male-dominated field.

How Christine Vinatieri-Erickson is pioneering leadership and forward thinking in a male-dominated industry

- May 6, 2024
In the fast-paced world of the automotive and trucking industries, where leadership roles have often been dominated by men, a beacon of change and resilience emerges in the form of...
Coulter McMahen joins CBT Now to discuss his new position as the head of the LADA and the important role of dealer associations.

Educating the public on the strengths of franchised dealerships — Coulter McMahen | LADA

- May 4, 2024
The Louisiana Automobile Dealers Association (LADA) plays a critical role in the state's retail automotive environment, working with legislators to preserve the franchise model and help dealers drive success for...
According to a recent report by iSeeCars.com, gas-powered vehicles that are three years old are driven an average of 12,813 miles per year.

Report shows EVs driven 20% less than gas-powered cars, resulting in higher cost per mile

- May 3, 2024
According to a recent report by iSeeCars.com, gasoline-powered vehicles that are three years old are driven an average of 12,813 miles per year. In comparison, EVs are driven 20% less,...
Rivian has received an $827 million incentive package to expand its Illinois electric vehicle manufacturing facility.

Rivian gets millions in state incentives for Illinois factory expansion

- May 3, 2024
Rivian Automotive announced this week that it has secured an $827 million incentive package from Illinois, intended to fund an expansion at its Normal facility.  This boost comes at a critical juncture...